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Neoen Signs PPA To Secure Portion Of 412MW Wind Project In South Australia

August 3, 2022 - Fitch Solutions Sector Intelligence

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Neoen Signs PPA To Secure Portion Of 412MW Wind Project In South Australia 03 Aug 2022 Australia Infrastructure News: Flow Power has signed a ten-year power purchase agreement (PPA) with France-based Neoen to secure output from 40MW portion of a 412MW wind farm as part of the USD3bn Goyder Renewables Zone complex in the state of South Australia. The wind power plant will feature 75-units of GE Renewable Energy's 5.5-158 Cypress platform turbines. Construction on the first stage of Goyder South started in January 2022, with completion expected in 2024. The overall complex will include 1.2GW of wind, 600MW solar and 900MW/1.8GWh of energy storage capacity, according to a press release from Neoen. This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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	IAEA lauds Barakah Nuclear Power Plant’s operational safety
	Luthra acts on Sembcorp wind power project with Suzlon Group
	S.Africa signs deals for wind energy to ease power outages
	DEKRA expertise at WindEnergy 2022: Focus on Safer Wind Energy
	Chile Renewables Forecast Scenario
	Russia reported that a water pipeline at the Zaporiyia nuclear power plant was damaged by a projectile.
	One million people are still without electricity in Puerto Rico after Fiona's passage
	Trilliant to serve as Diamond Sponsor at Enlit Asia in Bangkok
	Macron wants to expand renewable energy production 'twice as fast'
	The price of electricity will fall this Friday by 15.27%, to 242.36 euros/MWh
	Pay due bills or have power lines disconnected: Power Division to city corporations
	S.Africa teens build solar train as power cuts haunt commuters
	Reliable power means nuclear power
	First phase of 290-MW Zwartowo solar park in Poland goes online
	BHP Signs PPA For 45MW Solar PV Complex In Western Australia
	Govt Has Spent N1.6 Trillion On Power Sector - El-Rufai
	Financial Assistance from the Nuclear Damage Compensation and Decommissioning Facilitation Corporation
	CPS ENERGY CELEBRA LA ADQUISICION DE 180 MW DE ENERGIA SOLAR EN EL SEGUNDO ACUERDO DE FLEXPOWER BUNDLE
	DNV - Mass electrification only possible with heavy investment
	Nigeria Targets 7000 Megawatts On New Siemens Equipment
	AEP ANNOUNCES ORGANIZATIONAL, EXECUTIVE LEADERSHIP CHANGES
	Sweden: Investments in power grid to be sped up
	Finland: Fingrid estimates power outages may be possible in winter 2022-2023
	Sweden: Omexom to upgrade two 400 kV stations
	FRV reaches fin close on 123-MWp solar cluster in Spain
	Nigeria targets 7000 megawatts on new Siemens equipment
	EPFL : Time-reversal methods can make power transformers more reliable
	Iberdrola Secures EIS For 375MW Solar PV Project In Extremadura, Spain
	Macron wants to expand renewable energy production 'twice as fast'
	Jacobs to study feasibility of offshore wind-powered H2 facility in Korea
	United Kingdom: Louise O’Reilly TD visits Belfast Harbour to discuss offshore wind energy
	Banks Renewables gets approval for 36-MW wind farm in Scotland
	Enery buys 36-MWp solar bundle in Romania
	Wind power generation continues to decline in EU; Gazprom books 42.4 mcm for transit via Ukraine
	Hexicon picks 8-MW Mingyang turbines for Celtic Sea floating wind scheme
	Africa: Correct energy mix imperative for SA
	BayWa "sells" wind power at 5% interest rate
	Azerbaijan eager to transport electricity from wind energy to Europe – minister
	KP Energy bags order for development of 8.1 MW Hybrid Power project
	ABO reaches fin close on 87-MW Statkraft-contracted wind project in Finland
	Germany's GMH Group seals solar PPA to power steel plant
	Wind energy industry warns: actions not words needed from governments to address energy security and climate crises ahead of COP27
	Amazon plans two Louisiana solar farms as part of effort to be 100% dependent on renewables
	EDPR Inaugurates a New Wind Farm in Italy
	Partners Group to Sell a 20% Stake in 731.5 MW Dutch Offshore Windfarm
	Statkraft Supplies Umicore with Wind Power for their Finnish Production Site in Kokkola
	United Kingdom : Macquarie Asset Management sells minority stake in Lincs Offshore Wind Farm
	India : Sembcorp awards a new order of 180.6 MW to Suzlon
	Jan De Nul Installs 80 Turbines at the First French Offshore Wind Farm
	Vestas Wins 43 MW Order for Wind Project in New Zealand

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Neoen Signs PPA To Secure Portion Of 412MW Wind Project In South Australia